As a solopreneur, you can reinvent the way you work with much more freedom, fun, and financial security. Theres never been a better time to earn more money by starting a full- or part-time solo venture. But being your own boss can be a challenge or feel scary when you dont have a roadmap. In Money-Smart Solopreneur, Laura D. Adams answers questions every aspiring and new entrepreneur has about creating a business and building a secure financial future. Its a complete guide for what to do, critical mistakes to avoid, and how to start a solo business without taking too much risk. Youll get answers to these common questions: Can I get started without any filings or paperwork? Do I need a business bank account? How can I budget and reach goals with an irregular income? What business entity is best? When should I incorporate? How do I protect my intellectual property? When do I need an accountant? How can I figure out how much to charge clients? What tax deadlines am I required to meet? Do I need a business license? When should I leave my day job? Which tools are worth paying for? No matter if youre a freelancer, independent contractor, or side-hustler in the on-demand economy, youll get essential knowledge, tools, and inspiration to live a successful solopreneur life. Laura D. Adams demystifies how to start and build any solo or small business. She covers legal, financial, and tax issues you must know to stay out of trouble. Her upbeat tone and approach for managing variable income, using an automatic money system, and creating a self-employed benefits package are just a few gems youll discover. Lauras smart tips and chapter exercises include refreshing strategies for earning more, managing the unexpected, and reaching financial goals. Youll come away empowered to build your full- or part-time solo business and create long-lasting financial security. After reading Money-Smart Solopreneur, youll be able to: Earn full- or part-time self-employed income with confidence. Refine your business and brand vision. Evaluate the pros and cons of working as a solopreneur. Create a strategy to exit a day job by building a business on the side. Turbocharge your productivity using pro tips. Create a financial safety net and leapfrog to the life you want. Organize and legally protect your business using simple techniques. Set higher rates, create better proposals, and negotiate wisely. Save money by operating a home-based business. Set up an automatic money system to achieve goals and build wealth. Use the best tools to manage your personal and business finances easily. Know what taxes you must pay and how to reduce them as much as possible. Manage business records like a pro. Create your own self-employed benefits package with insurance and medical savings. Plan, save and invest for retirement using special accounts for solopreneurs. Whether you work by yourself, with an outsourced team, from home, or in coffee shops, this essential guide will give you easy-to-follow tips and strategies to create more financial success. Heres what readers are saying about Money-Smart Solopreneur: No matter if youre building a business on the side or planning to exit a 9-5 job, Laura covers what you must know about managing money as your own boss. Youll learn how to thrive and create the financial future you deserve. -- FARNOOSH TORABI, FINANCIAL EXPERT AND HOST OF THE AWARD-WINNING PODCAST SO MONEY Money-Smart Solopreneur removes the obstacles that stop entrepreneurs from growing into their full, profitable potential. It is usually an oxymoron to put enjoyable and easy to read financial advice in one sentence, but Laura has delivered it all with this book. I will recommend it to every solopreneur I work with. -- PAMELA SLIM, AUTHOR OF ESCAPE FROM CUBICLE NATION AND BODY OF WORK This book is a must-read for anyone whos thinking about starti
